Port employers and dockworkers have been in a labor dispute since May 2022. Negotiations have resulted in significant port disruptions. In late May 2023, negotiations stalled on wages and dock automation, but have since seen progress on benefits. Employers claim they cannot afford significant wage increases requested by the International Longshore and Warehouse Union. Due to work slowdowns, several ports have experienced delays and operational constraints, threatening supply chains. The Biden administration may need to intervene or appoint an independent mediator if no resolution is found.
“And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.”
With the cargo business blasting, financier firms are bouncing from organization to organization quickly, prompting high paces of turnover. Regularly, agents are beginning the work with the guarantee…